The Kenya Deposit Insurance Corporation (KDCI) has gazetted the financial institutions it has insured in a move meant to inform the public on safe institutions to trade with. Under the law, KDCI is mandated to provide a safety-net for the savings, banking and payments system in the country.
The gazette notice is seen in light of the turmoil in the sector with the collapse of banks in the past three years. The move to instill confidence in customers on which institutions to trade with.
Mohamud Mohamud, the KDCI Chief Executive Officer published the commercial banks, micro-finance institutions and mortgage companies.
The commercial banks are;
African Banking Corporation Limited
Bank of Africa Kenya Limited
Bank of Baroda (K) Limited
Bank of India
Barclays Bank of Kenya Limited
Charterhouse Bank Limited (Under – Statutory Management)
Chase Bank (K) Limited (In Receivership)
Citibank N.A. Kenya
Commercial Bank of Africa Limited
Consolidated Bank of Kenya Limited
Cooperative Bank of Kenya Limited
Credit Bank Limited
Development Bank of Kenya Limited
Diamond Trust Bank Kenya Limited
DIB Bank Kenya Limited
Ecobank Kenya Limited
Equity Bank Kenya Limited
Family Bank Limited
First Community Bank Limited
Guaranty Trust Bank (K) Limited
Guardian Bank Limited
Gulf African Bank Limited
Habib Bank A.G. Zurich
I&M Bank Limited
lmperial Bank Limited (In Receivership)
Jamii Bora Bank Limited
KCB Bank Kenya Limited
Mayfair Bank Limited
Middle East Bank (K) Limited
M-Oriental Bank Limited
National Bank of Kenya Limited
NIC Bank Kenya Plc
Paramount Bank Limited
Prime Bank Limited
SBM Bank Kenya Limited
Sidian Bank Limited
Spire Bank Limited
Stanbic Bank Kenya Limited
Standard Chartered Bank Kenya Limited
Trans-National Bank Limited
UBA Kenya Bank Limited
Victoria Commercial Bank Limited
Mortgage HFC Limited
Finance Institutions
Microfinance Banks
Caritas Microfinance Bank Limited
Century Microfinance Bank Limited
Choice Microfinance Bank Limited
Daraja Microfinance Bank Limited
Faulu Microfinance Bank Limited
Kenya Women Microfinance Bank Limited
Maisha Microfinance Bank Limited
Rafiki Microfinance Bank Limited
Remu Microfinance Bank Limited
SMEP Microfinance Bank Limited
Sumac Microfinance Bank Limited
U & I Microfinance Bank Limited
Uwezo Microfinance Bank Limited